Two important factors that have limited U.S. wheat exports in 2014/15 have been large wheat supplies held by competing origins and the effect of the historically strong U.S. dollar.Today's weekly export sales report from USDA/FAS for the week ending 26 February shows net wheat sales for 2014/15 of 469,600 MT (17.3 million bushels). This brings total export commitments (shipments plus open sales) for 2014/15 to 21.809 MMT (801.3 million bushels). That is 89 percent of the total U.S. wheat export volume of 900 million bushels (24.5 MMT) projected by USDA for 2014/15, which is a meager goal and over 3 MMT less than the average of the last five years. However, it is ultimately export shipments, not total commitments, which are measured against...
What You Need to Know Today: The Federal Reserve held interest rates steady at 3.75 to 4.0 percent Wednesday, with two officials dissenting in favor of a 25-basis-point increase. The Fed upgraded its assessment of economic growth from "solid" to "strong" but adopted a more patient approa...
Key Takeaways: Expected growth in U.S. soybean crushing capacity and output, driven by biofuel demand, will increase domestic soymeal supplies, with production growth significantly outpacing demand. WPI forecasts soymeal production increasing from 65.8 million short tons in 2026/27 to 70.5 mil...
Russian Grain Markets: 19–23 October 2026 The Russian grain market continued its recovery during the week, although prices remained volatile across regions. Wheat was notably bullish, while feed barley and corn were slower to appreciate, primarily because of weaker export demand amid logi...
From WPI Consulting
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.